Stock Market Today (July 8, 2026): Sensex, Nifty Trade Lower As
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm told PTI. Get Latest News live on Times Now along with Breaking News and Top
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm told PTI. Get Latest News live on Times Now along with Breaking News and Top


Stock market today: Gift Nifty hints weak start; eight day trading ... - Mint
Ponmudi R, CEO of Enrich Money, said that Indian equity markets are likely to trade with a cautious bias after fresh US strikes on Iran reignited
Mmint


GIFT Nifty falls 150 pts, signals weak start for Sensex, Nifty as
Ponmudi R, CEO of Enrich Money, said the renewed escalation has revived ... Discover the latest Business News, Sensex, and Nifty updates. Obtain
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Nifty may lose 200 points at open, as global markets come under
Ponmudi R, CEO of Enrich Money, said Indian equity markets are likely to trade with a cautious bias after fresh US strikes on Iran reignited geopolitical
BBusinessLine


Stocks to watch: Cochin Shipyard, Premier Energies, ideaForge
recent rally,” said Ponmudi R, CEO of Enrich Money. As the market is pointing towards a negative start, some stocks are likely to remain in focus on
Mmint


Stock markets snap 4-day rally amid profit booking - The Pioneer
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. Brent crude, the global oil benchmark, jumped 1.22 per cent to $72.87 per
Ddailypioneer.com


Sensex, Nifty Snap Four-Day Rally on Profit Booking - The Pioneer
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. Brent crude, the global oil benchmark, jumped 1.22 per cent to $72.87 per
Ddailypioneer.com
- YouTube
LINK : https://youtu.be/9CcevuDSqQo தங்கம் தொடர்ந்து சரிவு! GOLD Investment-க்கு சரியான நேரமா? | US vs Iran War | Ponmudi R Breaks #enrichmoney #ponmudir
YYouTube


Food delivery and quick commerce (qcom) company Swiggy has
Ponmudi R, CEO of Enrich Money. newindianexpress.com/busin… OCR TNIE ... Breaking News. Jatin Saroha. 1
TThreads
- YouTube
LINK : https://youtu.be/9CcevuDSqQo தங்கம் தொடர்ந்து சரிவு! GOLD Investment-க்கு சரியான நேரமா? | US vs Iran War | Ponmudi R Breaks #enrichmoney #ponmudir
YYouTube
Pre-Market Outlook
06:55 AM
Indian equity markets are likely to trade with a cautious bias after fresh U.S. strikes on Iran reignited geopolitical tensions following attacks on commercial vessels in the Strait of Hormuz. The renewed escalation has revived concerns over regional stability and global energy supplies, which could dampen investor sentiment, trigger a risk-off move, and lead to profit booking after the recent rally.
Crude oil prices have rebounded sharply, climbing back above the $70 per barrel mark after recently slipping to a low near $67. Crude is currently trading in the $72–73 per barrel range as markets price in the possibility of renewed supply disruptions in the Middle East.
With Foreign Institutional Investors turning net buyers of domestic equities over the past few sessions, market participants are expected to closely track whether the buying momentum continues in the coming days. Sustained foreign inflows will remain a key factor in determining the market’s ability to absorb global headwinds and maintain its recovery momentum at higher levels.
Technical view
Nifty 50
Nifty 50 continues to maintain a constructive technical structure despite witnessing profit booking at higher levels. From a technical perspective, the 24,500 region continues to act as the immediate resistance zone. A sustained breakout above this level would reinforce bullish momentum and could pave the way for an advance towards the 24,800 region.
On the downside, the 24,300 level is expected to provide immediate support, followed by the 24,200 zone, which remains a crucial demand area. However, a decisive break below 24,200 could trigger fresh selling pressure and drag the index towards the 24,000 psychological mark. Overall, the near-term technical outlook remains cautiously positive, with a sustained move above the 24,500 resistance zone required to confirm the next leg of the ongoing recovery.
Bank Nifty
Bank Nifty continues to exhibit a constructive technical structure and remains comfortably positioned above its key moving averages, reflecting that the broader uptrend remains intact. From a technical perspective, the 58,600–58,700 region continues to act as the immediate resistance zone. A sustained breakout above this band would reinforce bullish momentum and could pave the way for an advance towards the 59,000 psychological mark.
On the downside, the 58,000 psychological level is expected to provide immediate support. A decisive break below this zone could trigger profit booking and drag the index towards the 57,800 support level, while further weakness could expose the index to the 57,600 support zone. Overall, the near-term technical outlook remains cautious, while a decisive breakout above the 58,600–58,700 resistance zone will be essential to confirm the next leg of the ongoing uptrend.
Ponmudi R, CEO of Enrich Money
NIFTY50
BANK NIFTY

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